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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

Green Car Congress

BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. BMW i Ventures was established as an independent venture capital firm in 2016.

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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

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Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Both parties have also agreed to inject 2 billion RMB (US$307 million) in capital into the company.

Companies 435
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eVTOL company Archer enters agreement with USAF to collaborate on flight testing

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We believe that eVTOL aircraft represent a great leap forward in aerospace and we’re excited to be working on this new era of sustainable transportation. Partnerships like this will enable the USAF to work closely with the designers and engineers behind the groundbreaking new technologies that are making eVTOL flight a reality.

Companies 418
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Nikola delivers first Nikola Tre battery-electric trucks to port drayage company TTSI

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Nikola Corporation delivered the first Nikola Tre battery-electric vehicle (BEV) pilot trucks to Total Transportation Services Inc. TTSI), one of Southern California's prominent port trucking companies, to expedite zero-emission transportation solutions at the ports of Los Angeles and Long Beach.

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DOE awarding $4.8M to 5 BIRD Energy projects with Israel; H2 storage, biofuel, sustainable transportation

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million in the areas of hydrogen storage, advanced biofuels, sustainable transportation, and energy efficiency. Projects that qualify for BIRD Energy funding must include one US and one Israeli company, or a company in one of the countries paired with a university or research institution in the other.

Israel 170
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Ford’s ride-sharing commuter shuttle service Chariot launches first European routes to serve companies and campuses

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Ford’s ride-sharing shuttle service Chariot launched its first European routes tailored for companies and campuses this week. Chariot, which began operating in London earlier this year, is a ride-sharing minibus service that connects commuters living and working in areas underserved by public transport with nearby transit hubs.

Companies 236
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Volvo Group Venture Capital invests in EV charging software company Driivz

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a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. There is a significant and growing interest in electric vehicles and machines among Volvo Group customers, which is speeding up the transition to more sustainable transport.

Volvo 243